HeyEd:
On Friday both DML and NAI moved up too fast;{DML from .23 to.55 with more than 2,000,000 shares volume,Nai from .13 [and a beautiful gap up spike pattern] to.36 with large volume also, very heavy activities.];it reached a point where profits takers moved in and momentum exhausted, then 3 days correction occurred this Monday, Tuesday, and early this morning Today; until it reached a good support level DML @.35 and NAI @.20 [you are right this morning DML for nearly 2 hours sat on .35-.36 for DML and .19-.22 for NAI which indicated this down move exhausted; and then a Magic order of $13,000 CD took place [To keep it mystery and avoid too much speculation;I can not and would not tell who did it in a way of small sparkle to ignite the huge fire to blaze the DML-land from mile 35 to mile 50 and NAI-land from mile 19 to mile 32.5 amazing the power it take place; HAHAHAHAHA!!!!!! but to I know that $13000.00 CD did not get any filled for that attempt etc.....
After today's confirmation of this Friday's rally of DML and NAI;
DML will naturally find support right at .39 and NAI right @ .23 and CWA @.055
and resistance level @.50 and .32 and .07 respectively. This could last for few days or it could rally strongly tommrrow by breaking that .55 for DMl and .36 for that NAI and .07 for CWA; nobody would know for sure except God.
This is indeed very interesting and exciting market watching time but since it confirmed FRiday's rally I would buy more DML and NAI or CWA at this still low prices, and I shall see that DML NAI and CWA breakout that .55, .36, and .07 respectively in a few days or tommorrow.
Not only DML, NAI, and CWA shown bullish signals VSE above 400 @ 403, GOld rally backed up $292; and more importantly long tern interest rates break9ing out and heading higher indicating very much inflation threat good for gold to go much higher.
John Paquet |
